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Revenue
₹43.03 Cr
verified against source
Revenue YoY
29.1%
reported change
EBITDA
Pending
latest reported figure
Source
nse announcements
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Ksolves India delivered a strong Q4 FY26 with revenue of ₹43.03 crore, up 29.1% YoY, driven by strategic wins including a full SAP-to-ODOO migration for a listed Indian infrastructure firm and a data science deployment with a New York-based risk advisory. EBITDA margin came in at 29.3%, at the upper end of the guided range, despite planned investments in AI, leadership, and global events. PAT stood at ₹9.7 crore (margin 22.5%). Management guided FY27 revenue growth of 18-20% and EBITDA margin of 25-30%, with a focus on services and AI-led delivery. The company repositioned as an AI-first transformation partner, embedding AI agents across coding, testing, and operations. Key risk: geopolitical uncertainties causing deal delays, as seen in Q4 sequential growth of only 1.7%.
Colored figures show movement against the previous available record.
Guidance to track
- Management expects annual revenue growth of 18-20% for FY27, driven by services and AI-led delivery.
- EBITDA margin guided in the range of 25-30% for FY27, with aspiration to end at the higher end.
- No further significant investments in DFM product development in FY27; focus remains on IT services.
- Event-related expenses expected to reduce by at least 60% in FY27 compared to FY26.
Risks flagged
- Ongoing geopolitical tensions caused delays in order conversions, impacting Q4 sequential growth to only 1.7%.
- DFM product failed to meet expectations; management admitted spending on development and events without generating significant revenue.
- Continued investments in AI, insurance, and IT security may keep margins at the lower end of the guided range.
- Top 5 clients contribute 40% of revenue; loss of any key client could impact financials.
Key quotes
- We have repositioned ourselves as an AI first operation where AI is not an overlay but embedded into delivery, execution and client engagement.
- We have taken money from the services and we have spent money for the product and that's why you can see there's a very low PAT growth as compared to last year but this year we will focus only on the services.
- We are trying to be conservative so that in future if anything goes wrong then nobody should say that we have given a high number and then this happens.
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